Current Market Trends

AREA 144 Gresham/Troutdale/Sandy REPORT • 1/2009

• Active Listings: 1,061
• New Listings: 291
• Expired/Canceled Listings: 223
• Pending Sales 2009: 73
• Pending Sales 2009 v. 2008: -31.1%
• Closed Sales: 43
• Average Sale Price: 215,000
• Total Market Time: 123 days
• Median Sale Price: 214,500
• Avg. Sale Price % Change: -7.8%
• Months of Inventory: 24.6

1 Due to possible reporting inconsistencies, Current Listing Market Time should be used to analyze trends only.

2 Percent change in number of pending sales this year compared to last year. The Current Month section compares January 2009 with January 2008. The Year-To-Date section compares year-to-date statistics from January 2009 with year-to-date statistics from January 2008.

3 % Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/08-1/31/09) with 12 months before (2/1/07-1/31/08).

4 As of October 2007, the way that New Listing data is generated has changed to ensure accuracy.

5 Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.

*Inventory in Months is calculated by dividing the Active Listings at the end of the month in question by the number of closed sales for that month.

Click Here to view PDF of Current Market Trends